1 Mgy multi-feedstock biodiesel producer in Georgia commences operation
In Georgia, Down Earth Energy commenced production at a 1 Mgy multi-feedstock biodiesel plant in Walton County. The plant will commence production at a 250,000 gpy rate.
Georgia background
First United Ethanol said that its $185 million 100 Mgy corn ethanol project is on schedule for a fall 2008 opening. The company said that it had completed construction of its grain storage silos in Camilla.
Range Fuels has expanded its second-round financing from $100 million to $166 million after Morgan Stanley joined the Series B offer. Financing will be used for construction of the company’s second-generation 20 Mgy ethanol plant in Soperton, Georgia. The proposed plant will use gasification to extract ethanol from forest waste. The plant is expected to open in 2009.
The company’s process converts solid waste into gas, which is then converted into alcohol. The process is similar to the Fischer-Tropsch process, first developed in 1920.
A 110 Mgy corn ethanol plant under development by East Coast Ethanol is still on track for groundbreaking in October, according to Wayne County Administrator Mike Deal. The plant is developed on the model of bringing corn from the Midwest to the plant, rather than bringing fuel. The company contends it is more cost effective to transport corn than fuel.
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